Tag: RDTI

A patent box scheme and an RDTI review

Posted on   |  by Denham Sadler
A limited patent box scheme will be launched by the federal government, offering tax breaks for medical and biotech innovations in an effort to boost commercialisation and retain IP...

Squiz deep dives into the global fast lane

Posted on   |  by James Riley
Home-grown digital experience platform leader Squiz has invested tens of millions of dollars in recent years building out its enterprise transformation products, and restructured in 2020 to put the...

Audit Office to scrutinise R&D Tax Incentive

Posted on   |  by Denham Sadler
The national audit office is scrutinising the government’s administration of the research and development tax incentive program and its readiness for a number of changes to take effect in...

Aust tech giants push for R&D tax ‘workshop’

Posted on   |  by Denham Sadler
Some of Australia’s largest tech companies have written to the tax office requesting a “collaborative workshop” to improve how software claims are dealt with under the research and development...

Digital platform to modernise RDTI delivery

Posted on   |  by Denham Sadler
A new platform to modernise the delivery of the research and development tax incentive will be launched to coincide with the introduction of a range of reforms to the...

Academy calls for manufacturing boost for vaccines

Posted on   |  by James Riley
Without the ability to produce vaccines onshore, Australia and the region remain vulnerable to supply shocks and ‘vaccine nationalism’, the Academy of Science says in a pre-budget submission to...

‘Largest ever’: RDTI adviser cops $23m penalty

Posted on   |  by James Riley
The Federal Court has handed down its largest ever promoter penalty of nearly $23 million against a former research and development tax incentive adviser for systemic abuse of the...

Budget 2021: the best chance to relaunch the RDTI

Posted on   |  by Denham Sadler
The upcoming federal budget is an opportunity to relaunch and reform the research and development tax incentive to “restore its profile as the keystone for supporting R&D and innovation”,...

WiseTech Global lays out an RDTI tech fix

Posted on   |  by Denham Sadler
WiseTech Global has laid out potential reforms to the research and development tax incentive to fix the scheme for software development, with the Australian tech giant labelling the current...